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Eagle Rock Investment Company LLC Buys 8,246 Shares of Thermo Fisher Scientific Inc. $TMO
Eagle Rock Investment Company LLC significantly increased its stake in Thermo Fisher Scientific (NYSE:TMO) by 77.0% in Q3, purchasing 8,246 shares to hold a total of 18,957 shares valued at $9.20 million. Thermo Fisher Scientific demonstrated strong financial performance, beating quarterly earnings and revenue estimates and announcing a $5.0 billion share repurchase program. Analysts maintain a “Moderate Buy” consensus rating for TMO, with an average target price of $633.68, reflecting continued confidence in the medical research company.